I don't know the details on the German negotiations and I do understand it does take a lot of time and effort to get reimbursement but if they have any say in the matter, they need to wrap it up. I just hope that it isn't being held up by trying to get a few extra dollars.
I am talking about open market purchases by LP and Les, etc. I'm not talking about private placements or shares given to Cognate. In OPKO Dr.Frost buys nearly every day because he can. When the shorts attack his company he buys even more shares which gives the retail investor some comfort. His 2nd in charge Dr Jane Hsaio doesn't have the same amount of money but she even buys shares on the open market when needed.
And when they did a convertible offering insiders were included.
"Dr. Frost, along with other Company officers and insiders, also invested in the Company's recently completed $175 million convertible debt offering."
to most this isn't an issue but to some open market purchases can help calm an investors worries. It isn't foolproof either as there were CEO's buying shares in banks like Wachovia during the financial crisis.
The company should be available for conference calls for major events/ quarterly reports IMO. I understand they are not required to do so. By not being accessible (emails not responded to,no quarterly conference calls) it adds question marks to this company. I invested a lot of money in this company, it would have been more but I have concerns about the secrecy of the company and the cognate deal. And if I have concerns there are other people out there that more than likely share my concerns as well.
